39 Victoria Street, PROSPECT SA 5082
Development Feasibility Analysis in Prospect, SA
At 1,147 sqm in Prospect's EN zone, this site is modelled for a duplex that produces a $441,949 loss at negative 19.6% margin. Land at $653,250 and sale prices of $904,500 per unit define the result, shared across the Prospect EN duplex group. Two dwellings at this price point do not recover current development costs.
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Frequently Asked Questions
Is a duplex at 39 Victoria Street Prospect viable?
No. The project loses $441,949 at negative 19.6% margin.
What is the total project cost?
$2,250,949 against revenue of $1,809,000.
What zone applies?
EN (Established Neighbourhood), Prospect SA.
What is the site area and land cost?
1,147 sqm at $653,250.
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DISCLAIMER: This analysis is generated by automated algorithms for informational purposes only. It does not constitute financial, investment, or legal advice. Actual development costs, revenues, and returns may vary significantly from these estimates. Users should consult qualified professionals including a registered quantity surveyor, accredited town planner, and solicitor before making any investment decisions. DA Leads Australia Pty Ltd holds no Australian Financial Services Licence (AFSL) and is not authorised to provide financial product advice under the Corporations Act 2001 (Cth).